The National Assembly has transmitted the 2021 Appropriation Bill of N 13.5 tn to the President , Major General Muhammadu Buhari ( retd.) .

The Senior Special Assistant to the President on National Assembly Matters ( Senate ), Senator Babajide Omoworare, disclosed this to The PUNCH in a terse text message on Monday .

Omoworare said , “ The Appropriation Bill has been transmitted by the National Assembly to Mr President in conformity with the provision of Section 59 of the constitution. The bill is presently being looked at by Mr President and consequent action will be taken in due course. ”
The National Assembly had last Monday approved the budget during an emergency session .
The approved budget figure by the National Assembly comprises total capital supplementation of N1. 06tn, total capital expenditure of N4 .1tn, statutory transfers of N 496bn , and recurrent expenditure of N 5.6tn.

The passed budget Bill by the National Assembly also provided the sum of N3. 3tn for debt servicing .

The budget estimate was increased by the sum of N 505bn from the estimate of N13 , 082, 420, 568 ,233 presented to the National Assembly by Buhari on October 8, 2020.

valentineuwakwe:


source: https://punchng.com/breaking-national-assembly-transmits-n13-5tn-budget-to-buhari/

Wisejohnson47:
Money wey them don share finish since.

Ayokunleayoolashakirudeen:
Nigerian government handles more money than office papers, all they ever do is lend and share.

Claudiusdeux:
1.Well, we are spending more on recurrent, than on capital

2.Oil prices are still in a tenous state....so I really hope Contact Details we have the cash to fund the budget

3.We really don't have enough money. 14 trillion means every Nigerian gets 68000 naira for the year. We need to really change how we run our economy